Kahan Packaging Ltd

Kahan Packaging Ltd

₹ 40.0 -0.62%
08 Jun - close price
About

Incorporated in 2016, Kahan Packaging
Ltd provides complete packaging solutions through polymer based woven products[1]

Key Points

Business Overview:[1]
KPL is an MSME that manufactures and supplies polymer-based woven products. Its PP (polypropylene) woven sacks and HDPE woven sacks are used for packaging a variety of products, including food grains, agricultural products, spices, fertilizers, and cement.

  • Market Cap 10.9 Cr.
  • Current Price 40.0
  • High / Low 67.0 / 37.5
  • Stock P/E 9.30
  • Book Value 40.6
  • Dividend Yield 0.00 %
  • ROCE 13.9 %
  • ROE 11.2 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.99 times its book value
  • Company's working capital requirements have reduced from 41.8 days to 23.2 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 13.1% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Half Yearly Results

Figures in Rs. Crores

Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
10.70 9.97 12.17 12.53 14.16 14.23 14.93 15.45
10.03 8.57 10.98 11.44 12.94 12.83 13.49 13.90
Operating Profit 0.67 1.40 1.19 1.09 1.22 1.40 1.44 1.55
OPM % 6.26% 14.04% 9.78% 8.70% 8.62% 9.84% 9.65% 10.03%
0.00 0.01 0.02 0.04 0.06 0.07 0.06 0.04
Interest 0.23 0.34 0.32 0.33 0.35 0.41 0.43 0.47
Depreciation 0.11 0.12 0.15 0.20 0.21 0.28 0.31 0.32
Profit before tax 0.33 0.95 0.74 0.60 0.72 0.78 0.76 0.80
Tax % 21.21% 21.05% 25.68% 26.67% 26.39% 25.64% 25.00% 25.00%
0.26 0.74 0.55 0.45 0.54 0.58 0.57 0.60
EPS in Rs 5.20 7.40 2.02 1.65 1.99 2.13 2.10 2.21
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
13.57 12.12 15.88 20.29 24.38 27.39 30.38
12.93 11.35 14.96 18.23 22.01 24.70 27.39
Operating Profit 0.64 0.77 0.92 2.06 2.37 2.69 2.99
OPM % 4.72% 6.35% 5.79% 10.15% 9.72% 9.82% 9.84%
0.01 0.01 0.03 0.01 0.06 0.15 0.10
Interest 0.44 0.50 0.51 0.57 0.73 0.85 0.90
Depreciation 0.07 0.21 0.20 0.23 0.35 0.49 0.63
Profit before tax 0.14 0.07 0.24 1.27 1.35 1.50 1.56
Tax % 85.71% 85.71% 20.83% 21.26% 25.93% 25.33% 25.00%
0.01 0.02 0.20 1.00 1.00 1.12 1.17
EPS in Rs 0.20 0.40 4.00 10.00 3.68 4.12 4.30
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 20%
3 Years: 14%
TTM: 11%
Compounded Profit Growth
10 Years: %
5 Years: 126%
3 Years: 5%
TTM: 4%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -43%
Return on Equity
10 Years: %
5 Years: 17%
3 Years: 13%
Last Year: 11%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 0.50 0.50 0.50 1.00 2.72 2.72 2.72
Reserves -0.02 0.00 0.20 1.19 6.01 7.14 8.31
4.91 4.42 6.16 7.74 6.35 7.97 6.63
5.08 4.06 2.89 5.02 4.58 3.32 7.57
Total Liabilities 10.47 8.98 9.75 14.95 19.66 21.15 25.23
4.15 3.98 3.79 4.81 6.58 8.56 10.07
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.14 0.14 0.15 0.32 0.33 0.36 0.37
6.18 4.86 5.81 9.82 12.75 12.23 14.79
Total Assets 10.47 8.98 9.75 14.95 19.66 21.15 25.23

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-0.39 0.94 -1.25 0.53 -0.91 1.37 4.26
-1.04 -0.13 -0.02 -1.40 -2.14 -2.49 -2.15
1.51 -0.99 1.25 0.87 3.36 0.82 -2.14
Net Cash Flow 0.08 -0.18 -0.01 0.00 0.31 -0.30 -0.03
Free Cash Flow -1.30 0.90 -1.26 -0.71 -3.03 -1.10 2.12
CFO/OP -58% 122% -136% 26% -31% 65% 156%

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 93.87 70.77 68.27 60.08 92.52 81.82 90.83
Inventory Days 75.14 89.59 75.75 137.13 110.45 96.13 110.53
Days Payable 157.40 141.94 74.89 102.74 71.39 44.67 110.70
Cash Conversion Cycle 11.61 18.42 69.13 94.48 131.58 133.29 90.66
Working Capital Days -17.75 -24.39 -13.56 22.31 64.38 37.98 23.19
ROCE % 11.06% 12.73% 22.28% 16.63% 14.28% 13.86%

Insights

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Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Capital Turnover Ratio
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Number of Permanent Employees
Number

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Shareholding Pattern

Numbers in percentages

Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
73.49% 73.49% 73.49% 73.49% 73.49% 73.49%
26.52% 26.51% 26.52% 26.51% 26.52% 26.50%
No. of Shareholders 277306281244240225

Documents